“Occupational regulation has served to limit consumer choice, raise consumer costs, increase practitioner income, limit practitioner mobility, deprive the poor of adequate services, and restrict job opportunities for minorities—all without a demonstrated improvement in quality or safety of the licensed activities.” S. David Young, who teaches accounting and finance at Tulane University, brings economic analysis...

After a long neglect, the Austrian school of economics is enjoying a resurgence of both academic and lay interest. In 1981, New York University, a center for Austrian economic thought, convened a conference in honor of the most distinguished leader of this school, Ludwig von Mises (1881-1973). A product of that conference, Method, Process and...